24/7 private vaults.
October 31st, 2012 at 11:05:45 PM
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I have noticed a number of brand new 24/7 Private Vault billboards have been springing up all over town in the last few weeks. What freaking nerve this guy has. I haven't yet figured out why he isn't in jail. I walked away with no harm done, except a bit of pride as afterwards I felt not only lucky but rather foolish for having patronized this establishment in the first place. I am only a mid-level player, so there was really no reason for me to place funds there in the first place. I only kept a small portion of my BR there as I initially thought having access to extra funds would be handy if for example, I suffered a big lost, early on, during a long weekend. Looking back, I didn't weigh the risks vs reward as I try to do for all situations.
Anyway, even though I escaped any financial loss, it just really irks me to see this jackwad, just open up and restart his business in the very same location, just like nothing happened. Interestingly enough there is another private vault company open just a block away on sunset, American Guardian Vaults. They are housed in a stand alone building that looks like it was a previously a bank, so maybe they are a little more secure, not that it matters. I know one former 24/7 customer that is just fine storing his BR in a bank and planning a little bit ahead.
Anyway, even though I escaped any financial loss, it just really irks me to see this jackwad, just open up and restart his business in the very same location, just like nothing happened. Interestingly enough there is another private vault company open just a block away on sunset, American Guardian Vaults. They are housed in a stand alone building that looks like it was a previously a bank, so maybe they are a little more secure, not that it matters. I know one former 24/7 customer that is just fine storing his BR in a bank and planning a little bit ahead.
October 31st, 2012 at 11:43:32 PM
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I have to admit I didn't follow the news after it initially broke. Was there any follow-up to the story in terms of whether it was inside job or if there was significant negligence on the part of the owners?
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
October 31st, 2012 at 11:58:04 PM
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Quote: AcesAndEightsI have to admit I didn't follow the news after it initially broke. Was there any follow-up to the story in terms of whether it was inside job or if there was significant negligence on the part of the owners?
The story got very little coverage. The robbery happened on a Friday night into Saturday morning. It was all over the various gambling and Vegas message board sites by Sunday. The local news finally covered the story on their 11pm Tuesday broadcast and then it seems only because customers of the business alerted them to the story. There was a very small write up in only 1 of the two newspapers either Wednesday or Thursday and that was it. I never saw or heard another mention anywhere, except the message boards. It was all very hush-hush, even by the police, which seems strange for a robbery that may have netted 10's of millions of dollars. There was really no way to know the amount.
Negligence on the part of the owner? You mean the guy who claimed to have re-inforced walls and ceiling, state of the art Iris scanners and 2 employees monitoring the location from different locations at all times, of which none of these claims was true. No I don't see anything there. lol
November 1st, 2012 at 4:42:35 AM
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No way to know what the haul was but it was unlikely to have been in the millions.
I don't know if it was an inside job just because the owner was making bogus claims. As an insurance company learned long ago: the easiest way to rob an armored car in the Bronx is to start an armored car company and wait several years.
What are the alternatives to these places?
Tobacco humidors?
Safe deposit boxes in banks with 9 to 5 hours despite Las Vegas poker players not keeping such hours?
A Chinese convenience store?
I don't know if it was an inside job just because the owner was making bogus claims. As an insurance company learned long ago: the easiest way to rob an armored car in the Bronx is to start an armored car company and wait several years.
What are the alternatives to these places?
Tobacco humidors?
Safe deposit boxes in banks with 9 to 5 hours despite Las Vegas poker players not keeping such hours?
A Chinese convenience store?
November 1st, 2012 at 5:27:00 AM
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The alternative is a 24 hour self storage unit. Inside the unit is $100.00 of yard sale crap along with an ugly piece of crap dresser with the drawers shortened and a false back installed.
November 1st, 2012 at 5:47:42 AM
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Perhaps geographically inconvenient to high stakes games and perhaps unduly troublesome to enter and exit. Still, its better than trusting some creep who puts up a Boxes-R-Us type place that is one step above cardboard.
November 1st, 2012 at 10:35:28 AM
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Why doesn't a bank branch near the Strip offer 24/7 teller access? Everything in LV goes on a 24-hour clock; so why not at least one bank? Wells, BofA, USBank, Chase, any of those would work.
By the way, Wells is open Sundays.
By the way, Wells is open Sundays.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
November 1st, 2012 at 11:07:52 AM
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That would be Sweet. I imagine they would need to keep a ton of money on hand. Two of my banks, BofA and Nevada State both have branches just two blocks off Fremont Street, although neither offers any extended hours beyond their norm that I know of.
November 1st, 2012 at 1:32:07 PM
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Why not just keep money on account at one of the casino's? I did that for many years when I was gambling a lot. I actually kept money at two different casino's on the strip and would go to the closer one when I needed more cash. Unless you are trying to avoid a paper trail, this is a good solution.
At my age, a "Life In Prison" sentence is not much of a deterrent.
November 1st, 2012 at 1:37:30 PM
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Quote: DRichWhy not just keep money on account at one of the casino's? I did that for many years when I was gambling a lot. I actually kept money at two different casino's on the strip and would go to the closer one when I needed more cash. Unless you are trying to avoid a paper trail, this is a good solution.
This is not a good position for an advantage player to be in.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
November 1st, 2012 at 1:48:02 PM
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Good point. I was playing poker so that wasn't a concern of mine.
At my age, a "Life In Prison" sentence is not much of a deterrent.
November 17th, 2012 at 8:15:46 PM
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Hey Pal, i want to thank you for mentioning the other private vaults company ! this guys are totaly 180 degrees different from 24/7. i used to have a box at 24/7 private vaults and never really felt safe. lucky enough i didn't loose my things when they got robbed. but anyways... the american guardian is much MUCH better organized and secure and they are even cheaper !!!! thanks alot pal !
November 20th, 2012 at 10:10:31 AM
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Quote: jungletableHey Pal, i want to thank you for mentioning the other private vaults company ! this guys are totaly 180 degrees different from 24/7. i used to have a box at 24/7 private vaults and never really felt safe. lucky enough i didn't loose my things when they got robbed. but anyways... the american guardian is much MUCH better organized and secure and they are even cheaper !!!! thanks alot pal !
You mean the joint that the owners have no previous security experience and who's previous gig was running a coffee stand on Fremont that was immediately shut down by the health department upon inspection?
Seriously, you're not fooling anyone with your 1st post "reviews" on various boards and yelp, ect. It only hurts your business credibility when the you the owner pose as happy customers to try to stir up business. You're no better than the guy down the street with all his lies and both of you should probably be shut down for ineptness to run a business.
January 3rd, 2013 at 12:00:16 PM
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Anyone who trusts ANY of these so-called "privacy" places is being foolish and naive. These places are a joke. All of them. That creepy old fart at 24/7, in his dirty, run down, poorly staffed strip building is going to "protect" you from the government and every thief in the world? Really? The freakin' metal detector at the front door doesn't even work for God's sake! I had a box at 24/7 Private Vaults for almost a year. A friend of mine convinced me to try it. He swore the place was legit. He was cleaned out in the robbery there last April. Yeah, now he's swears differently about the place. I closed my box and got the hell out. That Mr. Elliot guy is a freakin' windbag. I talked to him a few times and he just blows smoke out of his ass trying to sound so "knowledgeable" about law, and politics, and finances. He's a delusional nutcase who I wouldn't trust to "protect" my dog!
January 3rd, 2013 at 12:07:29 PM
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Tell us how you really feel. :) I'm glad they didn't get your money.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
January 3rd, 2013 at 12:09:19 PM
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I guess I should NOT send you a brochure about my lock boxes ?
Shed not for her
the bitter tear
Nor give the heart
to vain regret
Tis but the casket
that lies here,
The gem that filled it
Sparkles yet
January 3rd, 2013 at 12:11:32 PM
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You should read the stuff my friend who lost everything in the robbery writes about that place. I'm being nice compared to his comments.
January 3rd, 2013 at 12:12:13 PM
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Uh, no. Don't send me a brochure.
January 3rd, 2013 at 1:17:30 PM
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Quote: teddysWhy doesn't a bank branch near the Strip offer 24/7 teller access? Everything in LV goes on a 24-hour clock; so why not at least one bank? Wells, BofA, USBank, Chase, any of those would work.
By the way, Wells is open Sundays.
You are the attorney around here, but I would imagine that there is probably some kind of either regulatory or accounting headaches associated with keeping a bank open 24 hours.
Vote for Nobody 2020!
January 3rd, 2013 at 2:44:28 PM
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I think its more market forces.
There is enough of a market for unusual hours in entertainment, day care, dry cleaning, personal service, etc. but there is simply not enough of a demand seen for 24/7 access to safety deposit boxes particularly when any one location's boxes might well be nearly "sold out" at normal hour access.
Most people who need a safety deposit box do not really need 24 hour access and those who need unusual arrangements often make use of casino boxes. The few Vegas residents who might well be in need of a safe deposit box with 24/7 access simply would not provide sufficient revenue to a nearby branch bank.
There is enough of a market for unusual hours in entertainment, day care, dry cleaning, personal service, etc. but there is simply not enough of a demand seen for 24/7 access to safety deposit boxes particularly when any one location's boxes might well be nearly "sold out" at normal hour access.
Most people who need a safety deposit box do not really need 24 hour access and those who need unusual arrangements often make use of casino boxes. The few Vegas residents who might well be in need of a safe deposit box with 24/7 access simply would not provide sufficient revenue to a nearby branch bank.
January 3rd, 2013 at 3:14:52 PM
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deleted
Last edited by: sodawater on Oct 1, 2018
January 3rd, 2013 at 3:18:52 PM
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Quote: RGManAnyone who trusts ANY of these so-called "privacy" places is being foolish and naive. These places are a joke. All of them. That creepy old fart at 24/7, in his dirty, run down, poorly staffed strip building is going to "protect" you from the government and every thief in the world? Really? The freakin' metal detector at the front door doesn't even work for God's sake! I had a box at 24/7 Private Vaults for almost a year. A friend of mine convinced me to try it. He swore the place was legit. He was cleaned out in the robbery there last April. Yeah, now he's swears differently about the place. I closed my box and got the hell out. That Mr. Elliot guy is a freakin' windbag. I talked to him a few times and he just blows smoke out of his ass trying to sound so "knowledgeable" about law, and politics, and finances. He's a delusional nutcase who I wouldn't trust to "protect" my dog!
If they're a joke, why did you have a vault there for a year? Why did you give him any of your money?
January 3rd, 2013 at 5:31:10 PM
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Quote: SACRIf they're a joke, why did you have a vault there for a year? Why did you give him any of your money?
As I said in the post you just quoted, a friend of mine who SWORE by 24/7 Private Vaults convinced me to finally give it a try. And you can only rent boxes there in yearly increments, not month to month or any other time frame. So it's a year or nothing. I was there 10 months when the robbery happened. I told my friend repeatedly that place wasn't safe. I told him over and over not to put too much in there. I took the smallest box they had, which I believe was about $150, because after seeing the dump and listening to Mr. Elliot blow farts out of his mouth about how "secure" it was supposed to be, I wasn't impressed. I only wanted the 24 hour access. My friend had a large box in what they call the VIP area of the vault, which was the area hit in the robbery. My box was in a different area, which apparently the robbers either didn't have time for, or didn't care to hit. In any case, my gut feelings about the place turned out to be right. One of the things Mr. Elliot said to me when giving his sales pitch was "if there's a cockroach on the roof we can get the DNA". Really? But they couldn't detect criminals breaking into the boxes! What a load of crap! That guy is the most repulsive S.O.B. in Vegas. He looks like a buffoon in his ridiculous TV commercials. Does he seriously think ANYONE is going to believe a word that farts out of his mouth now?
January 3rd, 2013 at 9:58:48 PM
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Quote: bigfoot66You are the attorney around here, but I would imagine that there is probably some kind of either regulatory or accounting headaches associated with keeping a bank open 24 hours.
When I worked in banking a long time ago, we had banker hours and the banking day was deemed to end at 3 pm. It sucked in the branches because they had to get the checks processed, and imaged since these checks were being processed by the FED later in the night. Does anyone remember when Reg CC was being introduced.
Anyway, the answer to your question is that any "transaction" -- usually a deposit -- was deemed to be made on the next banking day if it occurred after 3 pm of a banking day, if it occurred on a weekend, on a holiday, etc. 24/7 is just a concept we created -- money compounds constantly in a bank.
The other part to your answer is that a bank makes a shitload of money from ATM fees -- so it makes sense to close the bank and encourage customers to use the ATMs.
June 1st, 2014 at 1:48:20 PM
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Don't be deceived, into believing your valuables are safe at U.S. Private Vaults in Beverly Hills, because they're not. In spite of the bank-like appearance, this is NOT A BANK. Banks operate with multiple, built-in safeguards to protect the contents of your safe deposit box from theft by employees, former employees, friends of employees, maintenance personnel, independent contractors, ect., who have access to spare keys.
This business isn't required to conduct a criminal background check on their employees or vet them in any way. Employees, past and present, can come and go at will, including the owners and employees of the adjacent business, Olympic Gold which has the exact same address. U.S. Private Vaults & Olympic Gold are under the same roof and separated by a wall with a door, that swings both ways. Step inside either business and see for yourself.
There just isn't a good enough reason to trust these strangers with your valuables but that's exactly what you're doing;
trusting them AND THEIR JUDGEMENT.
You really don't know these people at all, so get a real safe deposit box at a legitimate bank and avoid this hole-in-the-wall pretender.
This business isn't required to conduct a criminal background check on their employees or vet them in any way. Employees, past and present, can come and go at will, including the owners and employees of the adjacent business, Olympic Gold which has the exact same address. U.S. Private Vaults & Olympic Gold are under the same roof and separated by a wall with a door, that swings both ways. Step inside either business and see for yourself.
There just isn't a good enough reason to trust these strangers with your valuables but that's exactly what you're doing;
trusting them AND THEIR JUDGEMENT.
You really don't know these people at all, so get a real safe deposit box at a legitimate bank and avoid this hole-in-the-wall pretender.
June 1st, 2014 at 3:28:47 PM
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I agree one should not trust private vaults. Las Vegas has had a problems with places like these. One permanently shut down recently i think.Quote: patchofblueYou really don't know these people at all, so get a real safe deposit box at a legitimate bank and avoid this hole-in-the-wall pretender.
Obviously a bank is safer however you don't have 24 hr access also its not private and can be ceased easier. People use these ussully to hide things they dont want the government to know about.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 11th, 2014 at 1:46:12 PM
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My safe deposit box at US Private Vaults in Beverly Hills was looted by one of their employees
in 20013. Approximately $25,000 in women's jewelry and precious stones are
still missing and unaccounted for.
US Private Vaults and Olympic Gold & Jewelry do business under the same roof,
share the same address and most importantly share the same employees.
A door connects these two business and employees go back 'n forth freely.
I have my receipt with the employees Olympic Jewelry & Gold business card and would show photos here but I think my post would be removed for revealing personal information, including name, phone numbers and email addresses.
US Private Vaults boasts about their 24 hour "eye in the sky" video surveillance of the premises but a video record showing EXACTLY WHO accessed my safe deposit box and when, is "unavailable." There are cameras everywhere inside (you can't miss them) but a video record showing exactly who accessed my safe deposit box and when is "unavailable." They have a video record of everyone who comes and goes, it's part of the "safeguard" they offer but it remains "unavailable" to me.
The owners of these businesses have refused to file a theft report with the authorities
or take any responsibility whatsoever for this theft, COMMITTED RIGHT UNDER THEIR NOSES BY THEIR EMPLOYEE.
The bottom line is this, $25,000 in jewelry is missing from my "secure" safe deposit box due to INTERNAL THEFT AND THEY KNOW IT !!!
Refusing to meet their legal, moral and ethical obligation regarding this matter says a lot about the kind of people they are and what it says isn't good. The same owners/associate investors operate the same private vault businesses in the greater Las Vegas area so expect this kind of treatment from them,
if you do business there.
in 20013. Approximately $25,000 in women's jewelry and precious stones are
still missing and unaccounted for.
US Private Vaults and Olympic Gold & Jewelry do business under the same roof,
share the same address and most importantly share the same employees.
A door connects these two business and employees go back 'n forth freely.
I have my receipt with the employees Olympic Jewelry & Gold business card and would show photos here but I think my post would be removed for revealing personal information, including name, phone numbers and email addresses.
US Private Vaults boasts about their 24 hour "eye in the sky" video surveillance of the premises but a video record showing EXACTLY WHO accessed my safe deposit box and when, is "unavailable." There are cameras everywhere inside (you can't miss them) but a video record showing exactly who accessed my safe deposit box and when is "unavailable." They have a video record of everyone who comes and goes, it's part of the "safeguard" they offer but it remains "unavailable" to me.
The owners of these businesses have refused to file a theft report with the authorities
or take any responsibility whatsoever for this theft, COMMITTED RIGHT UNDER THEIR NOSES BY THEIR EMPLOYEE.
The bottom line is this, $25,000 in jewelry is missing from my "secure" safe deposit box due to INTERNAL THEFT AND THEY KNOW IT !!!
Refusing to meet their legal, moral and ethical obligation regarding this matter says a lot about the kind of people they are and what it says isn't good. The same owners/associate investors operate the same private vault businesses in the greater Las Vegas area so expect this kind of treatment from them,
if you do business there.
June 11th, 2014 at 2:03:13 PM
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why not file your own police report?
If they won't come why not hire a lawyer and go after them. I would think 25k would be rather the expense and hassle to do so.
If they won't come why not hire a lawyer and go after them. I would think 25k would be rather the expense and hassle to do so.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
June 12th, 2014 at 12:49:22 AM
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patchofblue and usprivatevaults are duplicate accounts, and so have been nuked. Under the rules of this forum, that is considered spamming, as it appears on the surface that 2 different people had the same negative experience, but it was really 1 person, first post for both identities. However, I suspect it was inadvertent, as the person posted 10 days apart, and maybe just forgot their password or username in the interim. If that was the case, that person should use THIS LINK and choose "website/technical issues" to contact the web admin about picking a single identity and recovering the password, using their name and email associated with sign-up. Expect reinstatement in that case. Thank you.
If the House lost every hand, they wouldn't deal the game.
April 5th, 2017 at 4:52:03 PM
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The Wizard of Vegas, Please remove this posting.
IT'S A LIE!
It's been 3 years since our lawyer sent a cease and desist letter for publishing defamatory per se statements about us to this person, to which we know by his real name.
Please remove or you'll also receive a notice from our lawyer.
Thank you,
U.S. Private Vaults Management
IT'S A LIE!
It's been 3 years since our lawyer sent a cease and desist letter for publishing defamatory per se statements about us to this person, to which we know by his real name.
Please remove or you'll also receive a notice from our lawyer.
Thank you,
U.S. Private Vaults Management
April 5th, 2017 at 4:52:41 PM
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The Wizard of Vegas, Please remove this posting.
IT'S A LIE!
It's been 3 years since our lawyer sent a cease and desist letter for publishing defamatory per se statements about us to this person, to which we know by his real name.
Please remove or you'll also receive a notice from our lawyer.
Thank you,
U.S. Private Vaults Management
IT'S A LIE!
It's been 3 years since our lawyer sent a cease and desist letter for publishing defamatory per se statements about us to this person, to which we know by his real name.
Please remove or you'll also receive a notice from our lawyer.
Thank you,
U.S. Private Vaults Management
April 5th, 2017 at 5:01:47 PM
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Quote: ManageruspvThe Wizard of Vegas, Please remove this posting.
IT'S A LIE!
It's been 3 years since our lawyer sent a cease and desist letter for publishing defamatory per se statements about us to this person, to which we know by his real name.
Please remove or you'll also receive a notice from our lawyer.
Thank you,
U.S. Private Vaults Management
Damn. What happened in the last 3 years?
April 5th, 2017 at 5:03:31 PM
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Quote: RSDamn. You work pretty slowly if it's taken 3 years....
Well you know, it was probably a good idea to bring a negative story back to front page opposed to just emailing the admins to state their case.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
April 5th, 2017 at 5:09:20 PM
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Thread closed pending admin review.
If the House lost every hand, they wouldn't deal the game.
April 5th, 2017 at 5:31:16 PM
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Quote: ManageruspvThe Wizard of Vegas, Please remove this posting.
IT'S A LIE!
It's been 3 years since our lawyer sent a cease and desist letter for publishing defamatory per se statements about us to this person, to which we know by his real name.
Please remove or you'll also receive a notice from our lawyer.
Thank you,
U.S. Private Vaults Management
Hello, Manageruspv.
WoV does not censor posts for content, and will not make an exception in this case.
The individuals who have posted in this thread are members, though one was suspended for making posts under 2 different identities. They do not speak for the forum administration, but for themselves.
We invite you to post any disclaimer you wish about the claims made, but we will not be removing those claims. Thank you. Thread re-opened.
If the House lost every hand, they wouldn't deal the game.
April 5th, 2017 at 5:46:17 PM
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That's fine. He knows it's a lie! It's been 3 years since he posted this LIE and 3 years ago that we sent him a letter to stop. We never heard from him again.
Thank you.
Thank you.
April 5th, 2017 at 6:47:55 PM
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http://www.lasvegasnow.com/news/customers-of-bankrupt-private-vault-company-tricky-to-locate/71184500
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 5th, 2017 at 8:13:38 PM
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Quote: ManageruspvPlease remove or you'll also receive a notice from our lawyer.
Oh, no!
send in the lawyers
"What, me worry?"
April 5th, 2017 at 9:07:05 PM
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Quote: ManageruspvThat's fine. He knows it's a lie! It's been 3 years since he posted this LIE and 3 years ago that we sent him a letter to stop. We never heard from him again.
Thank you.
I personally would never patronize a business that comes out guns blazing with "Do what I say or you'll hear from my lawyer."
Also, truth is an absolute defense ... so good luck suing me personally for the above statement. Jackass.
Which was a great TV show on MTV that I just thought about. So don't ban me for a personal insult. Dicks.
Sporting goods is a great store which I patronize frequently.
